Match the items of the List-I with that of the List-II and suggest the correct answer from the following.
| List-I | List-II |
| a. Cost function | 1. Kinked demand |
| b. Supply function | 2. Isoquants |
| c. Production function | 3. Engineering method |
| d. Oligopoly | 4. Factor prices |
A. a-3, b-4, c-1, d-2
B. a-2, b-1, c-3, d-4
C. a-1, b-2, c-4, d-3
D. a-4, b-3, c-2, d-1
Answer: Option D
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis

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